With the colapse of that bridge in Baltimore, how and who will pay for the damages and losses caused?

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Mainly I’m curious if the insurance of the ship or any other kind of insurance company will be involved + any other source that will pay for this.

Im totally aware that first an investigation must be completed to know the causes in order to determine liabilities and consequences. Hypothetical cases are welcome 🙂

In: Economics

5 Answers

Anonymous 0 Comments

Shipping is usually covered by Lloyds of London, which then divides that large insurance with smaller insurance companies.

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